KMB SME Line II
Russia | Financial Institutions- Identification Code:
- OP/02/0373
- Total Operation Cost:
- — USD
- Maturity:
- 36 months
- Operation Status:
-
BSTDB Approved Amount – Approval Date5.000.000 USD – 19 Sep 2003
-
BSTDB Signed Amount – Signed Date5.000.000 USD – 16 Oct 2003
-
Status:Completed
- Description and Purpose of the Operation:
- SME Credit Line to Private Sector Companies in Russia
- Countries of Operation:
- Russia (100,00%)
- Financial Product:
- SME's
- Sector:
- Financial Institutions
- Domain:
- Private
- Borrower/Client:
- KMB Bank was established under the name of Russia Project Finance Bank in 1992 by the European Bank for Reconstruction and Development (EBRD). Initially project finance was the Bank's main business activity. In 1998, after the Russian crisis, EBRD decided to shift the Bank's focus to small and medium sized lending. In addition, EBRD's approach was to seek out new strategic shareholders, thus changing the ownership structure. In January 2000, the name was changed to KMB-Bank (Small Business Credit Bank).
- Co-Financers/Participants:
- —
- Guarantors/Sponsors:
- —
- Developmental and Regional Cooperation Impact:
- The operation is in line with the mandate of BSTDB to finance projects with a strong development impact. KMB has been established by reputable and financially strong international financial institutions with the aim of supporting the development of small and medium enterprises in the Russian Federation.
- Environmental Classification and Impact:
- In line with applicable EH&S requirements
- Operation Leader:
- Financial Institutions I
- E-mail:
- fi1@bstdb.org
As of 28 Feb 2026
